Underwriter
INTL Underwriter I - UW08YY
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This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Underwriting position within the Marine Cargo London market operation. The role will have both a personal and collective responsibility for supporting the future growth and profitability of the General Liability portfolio by underwriting business in line with our appetite and partnering with wholesale and retail brokers to build and maintain relationships and assist them with their client's insurance needs.
Job Responsibilities
- Use authority granted in Underwriting Authority Statement to execute on the London Market Cargo business plan.
- Provide assistance and technical underwriting support to the Cargo Underwriting teams.
- Develop and research business opportunities both through London Market brokers and Hartford International Offices.
- Develop and use technical expertise to enhance profitability of renewals and add profitable new opportunities to the book.
- Keep abreast of development of claims within the Cargo book and to liaise with the claims team as necessary to ensure appropriate settlement of these claims.
- Ensure compliance with Hartford best practice, policies and Lloyd's regulations at all times.
- Act in the capacity of a PRA/FCA Approved Person with responsibility for controlled functions and as such complying at all times with the PRA/FCA Statements of Principle for Approved Persons.
- Assist in further development of systems for the monitoring and reporting of aggregate exposures.
- Help further develop and maintain technical pricing models.
- Help report to management, on a monthly basis, of developments in the London market Cargo and Specie accounts towards business plan and budget.
- Running and producing internal reports and figures using Pipeline, GURU 2.0 and the International Underwriting Dashboard.
- Contribute, as required, to the quarterly and annual reporting of underwriting results.
- Participate as required in various committees, including underwriting, delegated underwriting, operations and risk
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Capabilities, Experience and Qualifications
- Relevant experience in cargo underwriting.
- Reasonable standard of education.
- Ability to develop and sustain relationships with internal and external customers.
- Ability to prioritise and organise workload.
- Attention to detail.
- Team player with ability to work on a stand-alone basis.
- Flexible.
- Good communication skills.
- Experience of identifying and implementing better processes.
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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- On-Site Gym
- Mental Health Benefits
- Virtual Fitness Classes
- Fitness Subsidies
- FSA
- HSA
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
- Remote Work Opportunities
- Flexible Work Hours
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
- Company Outings
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Volunteer Time Off
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Learning and Development Stipend
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program
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